Más de 20 estadísticas de economía gig para 2023: el estado del trabajo gig (2023)

FAQs

What is the gig economy stats for 2023? ›

Stats on Gig Economy Size

Additionally, the gross volume is expected to grow at a 17% CAGR, reaching approximately $455 billion by 2023.

Gig Work as a Main or Side Job

According to Federal Reserve data, nearly half (47%) of gig workers in the US also had full-time roles, while 22% were employed on a part-time basis. Only 11% of American gig workers are reported to make at least 50% of their income from gigs.

Specifically, the share of customers engaging in delivery-type gig jobs peaked in early 2022 and has trended down consistently ever since.

Examples of a gig economy are those jobs that individuals discover and access through online platforms that list such jobs. These jobs are often one-time or short-term contract jobs. These include driving for a ride-sharing service, painting someone's house, freelance work, coaching, fitness training, and tutoring.

The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023.

We now forecast that US GDP will expand by 0.6 percent (vs. -0.6 percent) in Q2 2023. However, the headwinds to future growth persist and are somewhat augmented by lower government spending. We now project that the US economy will grow by -1.2 percent in Q3 2023, -2.1 in Q4 2023, and -0.9 in Q1 2024.

For college students or those who are already employed full time, gig economy jobs offer avenues to bring in additional wages. A flexible work schedule allows these workers to earn enough income to cover some of their basic living expenses while still providing the freedom to pursue their other commitments.

Minimizing costs and expenses are widely considered one of the major benefits of operating in the gig economy. This is because businesses are able to hire off-site workers which significantly reduces the need to maintain expensive workspaces and large offices.

According to a report by Mastercard, global transactions associated with the gig economy will grow by 17% per year to about $455 billion by 2023.

However, the downside to working for an employer that pays in gig hours is poor compensation. The need to increase income can be a huge motivator for gigs – especially if you are living a frugal lifestyle. The majority of Gig Economy jobs don't offer full-time payment.

What is the largest gig economy? ›

The consensus estimate for Friday's April BLS jobs report is 178k. Second, here's an interesting Bank of America report on gig workers seeing a slowdown. These two charts show gig economy income is down and fewer people are making gig income in this post-pandemic period.

Some gig economy workers earn money per hour, and others make money per project or task. If a gig worker earns money per hour, they're often able to choose when and how long they work. Many gig workers also have a full-time or part-time job, and do gig work to earn additional income on the side.

Geopolitical tensions, energy market imbalances, persistently high inflation and rising interest rates have many investors and economists concerned that a U.S. recession is inevitable in 2023. The risk of recession has been rising as the Federal Reserve has raised interest rates in its ongoing battle against inflation.

Although it's possible, things would have to deteriorate very quickly in the economy, and the jobs market specifically, for a downturn to start this year. “We're running out of time for a 2023 recession,” Justin Wolfers, an economics professor at the University of Michigan, told CNN.

“However, this downturn will be relatively mild and brief, and growth should rebound in 2024 as inflation ebbs further and the Fed begins to loosen monetary policy.”

We expect the economy to soften by late 2023, driven by a slowdown in consumer spending. We expect a very modest increase in the unemployment rate, peaking at 4.1 percent in 2024. We think that the fed funds rate has already reached its terminal range for this cycle at 5.0–5.25 percent.

UNITED NATIONS, May 16 (Reuters) - Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2.5%, according to a United Nations report released on Tuesday.

What is inflation prediction for 2023? ›

After peaking at 6.2% in 2022, we expect inflation to fall to 3.5% for 2023. Over 2024 to 2027, we expect inflation to average just 1.8%—below the Fed's 2% target.

You must pay tax on income you earn from gig work. If you do gig work as an employee, your employer should withhold tax from your paycheck. If you do gig work as an independent contractor, you may have to pay estimated taxes.

Examples of gig workers include freelancers, independent contractors, project-based workers and temporary or part-time hires. Gig apps and digital technology are often used to connect customers and gig workers. The gig economy is a recent trend, with a number of factors contributing to its rise.

Gig workers are able to select freelance jobs that fit their interests, provide new opportunities, and a flexible schedule. The freelance economy lets workers choose when they want to work and where they want to work depending on the specific job, resulting in better work-life balance.

Gig Economy Income is Taxable

You must report income earned from the gig economy on a tax return, even if the income is: From part-time, temporary or side work. Not reported on an information return form — like a Form 1099-K, 1099-MISC, 1099-NEC, W-2 or other income statement.

Disadvantages of the gig economy for workers

No employee benefits — As gig economy workers are not permanent employees, they are not typically entitled to any workplace benefits such as health insurance or retirement contributions. This is dependent on their individual contract, however.

The gig economy is large — and growing every day. The number of global gig workers is expected to rise by more than 30 million people in the next year. More workers are starting to see the benefits and flexibility of contracting and independent work. 16% of Americans have completed a job via an online gig platform.

But the creator economy is often considered to be recession-proof — or recession-resistant — because it's driven by direct financial support from audiences, and creators' ability to connect with fans, which is typically less affected by economic fluctuations.

The "sharing economy" is a type of economic activity in which consumers and companies utilize the internet to meet their needs for goods and services. The phrase "gig economy" describes an economic system in which workers, such as freelancers and independent contractors, have high mobility and flexibility.

What is the difference between traditional economy and gig economy? ›

Differences − Gig Economy and Traditional Economy

The phrase "traditional economy" refers to a type of economic system in which firms engage permanent employees to perform certain duties. In a gig-based economy, temporary employment possibilities such as contracts and short-term engagements are available.

Working a gig economy job can teach you useful skills for your professional career. If you take a peer-to-peer job, you can improve your communication and customer service skills. By structuring your work schedule, you'll gain time-management skills.

Uber drivers and Airbnb hosts are two of the most common examples of gig economy drivers. With benefits ranging from flexible working hours to unlimited earning potential, more and more people are favoring the gig economy over the traditional 9 to 5 way of earning a living.

The term "gig economy" means a general workforce environment, which includes short-term employment, contractual jobs, and independent contractors. It is also called "freelancer economy", "agile workforce", "sharing economy", or "independent workforce".

Florida has the highest proportion of gig workers in the United States. A study from ADP Research looked at the states with the highest number of employed people to see what percentage of their workforce does gig work. Here are the 9 states with the most gig workers: Florida: 22%

A recession is a significant decline in economic activity that can last months or even years. Most experts agree we aren't in a recession yet, but that we could be headed for one in 2023. There are steps you can take to prepare emotionally and financially for a recession.

What percentage of the economy is gig workers? Approximately 9% of the American workforce participated in gig work over 2021. By value, gig workers contribute to about 5.7% of the U.S. GDP.

Gig Workers Make Good Pay

It is not unusual for entry-level wages to start at about $18.00 an hour, and experienced workers with specific skills could get up to $30.00 an hour. Gig workers usually get a higher hourly wage than regular full-time workers because they do not get benefits.

It's generally a rule of $100-$150 per artist per hour.

Beyond that, we've put together this guide as a general rule of thumb to help you when calculating your gig fees.

Are gig workers happy? ›

While most gig workers said they were satisfied with the nature of their gig job, only 65 percent said they were satisfied with the pay they received, and 55 percent said they were satisfied with their work-life balance. Gen Z gig workers were the most likely to be happy with their gig jobs, the survey found.

Gig is slang for a live musical performance. Originally coined in the 1920s by jazz musicians, the term, short for the word “engagement”, now refers to any aspect of performing, such as assisting with and attending musical performance. More broadly, the term “gigging” means having paid work, being employed.

As U.S. job losses mount, a new study shows Uber, Lyft, and other gig economy companies can reduce the strain on unemployment insurance and hold down personal debt. The official U.S. unemployment rate this February was 3.5%. Two months later, as COVID-19 throttled the global economy, it jumped to 14.7%.

the ability to work independently, or as part of a virtual team. applying self-direction and assertiveness. acquiring self-promotion and branding skills. financial capability to manage gig-to-gig living.

The gig economy uses mobile apps or websites to connect individuals providing services with consumers. You may also know the gig economy as the: platform or app economy. sharing economy.

Gig Economy: Most Important Statistics

The gig economy is expanding rapidly, with over 50% of the US workforce likely to participate by 2027 and generating $204 billion in gross volume globally.

The global Gig Economy market size was valued at USD 413930.0 million in 2022 and is expected to expand at a CAGR of 14.22% during the forecast period, reaching USD 918944.83 million by 2030.

India Emerges As The Fastest Growing Country Among World's Top 5 Economies In First Quarter Of 2023.

According to research by Statista, the gig economy is expected to reach $455 billion in market size in 2023, representing a significant increase from $204 billion in 2018. This growth is a testament to the increasing popularity of gig work among workers, businesses, and consumers.

The "sharing economy" is a type of economic activity in which consumers and companies utilize the internet to meet their needs for goods and services. The phrase "gig economy" describes an economic system in which workers, such as freelancers and independent contractors, have high mobility and flexibility.

How big will the recession be in 2023? ›

Odds of a recession in 2023 hover at 64% amid bank failures and higher rates. Economists see jump in unemployment and major job losses over next 12 months.

UNITED NATIONS, May 16 (Reuters) - Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2.5%, according to a United Nations report released on Tuesday.

India's economic growth is expected to remain “strong” even as prospects for other South Asian nations “are more challenging.” India is projected to grow at 6.7 per cent in 2024, the fastest-growing major economy in the world, the flagship report had said.

The IMF's World Economic Outlook earlier said the size of the Indian economy will increase from $3.2 trillion in 2021-22 to $3.5 trillion in 2022-23 and cross $5 trillion in 2026-27.